Pomeroy, IA is a small town located in Palo Alto County. It is known for its friendly atmosphere and welcoming community. The town offers many attractions such as fishing, camping, and golfing at local courses. It is a great place to raise a family or retire due to its low crime rate and scenic views. The cost of living in Pomeroy is much lower than the US average. The 2 bedroom rent here averages at $720 compared to the national average of $1,430. Grocery Cost Index in Pomeroy is 92 while it stands at 100 for the US on an average. This means purchasing groceries would be relatively cheaper in Pomeroy than in other cities across the US. There are some well-known companies based out of Pomeroy like Pelco Products LLC and United Iowa Financial Group which provide employment opportunities to people in the area.
Pomeroy has an unemployment rate of 3.7%. The US average is 6.0%.
Pomeroy has seen the job market decrease by -1.6% over the last year. Future job growth over the next ten years is predicted to be 18.4%, which is lower than the US average of 33.5%.
Tax Rates for Pomeroy
- The Sales Tax Rate for Pomeroy is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Pomeroy is 9.0%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Pomeroy
- The average income of a Pomeroy resident is $19,153 a year. The US average is $28,555 a year.
- The Median household income of a Pomeroy resident is $51,313 a year. The US average is $69,021 a year.